News

Rising rent trend nationwide

Wednesday 8th of February 2017

According to the data, the national median weekly rent remained at a record high of $450 in January while Wellington and Auckland rents grew healthily.

Once again, Wellington’s rental market turned in the strongest performance of the major centres.

The city’s median weekly rents hit a new record of $480 a week, which was a year-on-year increase of 6.8%.

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